Frenkel Topping has bought Doncaster-based legal businesses A&M Bacon and Partners in Costs.
Frenkel Topping said the firms, worth a collective £9m in the deal, specialise in legal costs, particularly dealing with personal injury claims and professional negligence. Of the £9m fee, £5m will be paid in cash up front, just under £1m through the issue of 2,000,000 ordinary shares and the remaining £3.1m of deferred payments will be paid over the next two years. A&M Bacon chief executive officer Reuben Glynn and Partners in Cost chief executive officer Teresa Aitken will remain in their roles following the acquisition. Frenkel Topping chief executive officer Richard Fraser said...
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